Cedar Haven Acquisition, LLC, the company that owns Cedar Haven nursing home filed for bankruptcy in a Delaware court last month to avoid accountability. Cedar Haven Acquisition, LLC, filed for chapter 11 bankruptcy, meaning they will be able to reorganize the business and keep it open as part of the bankruptcy proceedings without paying judgments or compensating victims of neglect and abuse.
Cedar Haven Acquisition is a subsidiary of Stone Barn Holdings, LLC. According to the filing, Cedar Haven owes money to at least 200 creditors. Cedar Haven owes over $7 million to the top 20 creditors alone, according to the filing.
Where did all the money go?